{"id":189106,"date":"2021-03-07T10:02:52","date_gmt":"2021-03-07T10:02:52","guid":{"rendered":"https:\/\/www.bnreport.com\/?p=189106"},"modified":"2021-03-07T10:02:54","modified_gmt":"2021-03-07T10:02:54","slug":"unemployment-in-the-european-union","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/unemployment-in-the-european-union\/","title":{"rendered":"Unemployment in the European Union rises on an annual basis"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Unemployment in the European Union rose to 7.3% in January, up from 6.6% year-on-year, the European Union statistics office (<a href=\"https:\/\/www.google.com\/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=&amp;cad=rja&amp;uact=8&amp;ved=2ahUKEwiFn-749Z3vAhVWs6QKHYkfAbQQFjAAegQIAxAE&amp;url=https%3A%2F%2Fec.europa.eu%2Feurostat&amp;usg=AOvVaw1zs7HBeTkuipaT0fGx5mcX\">Eurostat<\/a>) said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Eurostat said in a press release that the unemployment in the European Union also rose from 7.4% to 8.1% in the first month of 2021, year on year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Eurozone\/the euro area or EA19 represents the member states that use the single currency \u2013 the euro.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While the 27 European Union countries include all the member states of the bloc.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Eurostat said there are nearly 15.7 million men and women in the European Union&#8217;s 27 countries, including 13.28 million in the euro area, who were unemployed until January.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The number of unemployed increased by 29,000 month-on-month. It rose 1.46 million year-on-year in January across the block.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Unemployment in the European Union<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Eurostat said the outbreak of COVID-19 and the measures in place to combat it have led to a sharp increase in the number of claims for unemployment benefits throughout the European Union.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, there were about 2.93 million unemployed people under the age of 25 in the European Union in January. This brings the youth unemployment rate to 16.9%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The unemployment rate in the member states of the Organization for Economic Cooperation and Development (OECD) stabilized at 6.9% in December, according to the organization.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The organization indicated that the number is still 1.7 percentage points higher than it was in February 2020.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In December, the unemployment rate remained stable at 8.3% in the Eurozone.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The unemployment rate in the OECD region among young people &#8211; people between the ages of 15 and 24 &#8211; rose to 14.4% from 14.2% in November.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the euro area, the youth unemployment rate rose to 18.5% in December from 18.1% in November.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the United States, the unemployment rate also stabilized at 6.7% in December, up 3.2 percentage points from February 2020.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The unemployment rate in Canada rose in November by 0.2 percentage point to 8.8%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In Japan, the unemployment rate is at 2.9%, 0.7 percentage point higher than the pre-epidemic level<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last November, US jobless claims rose for the first consecutive increase since July.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read more: <\/strong><a href=\"https:\/\/www.bnreport.com\/public-financial-management\/\">EU to help Iraq strengthen public financial management oversight<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unemployment in the European Union rose to 7.3% in January, up from 6.6% year-on-year, the European Union statistics office (Eurostat) said. Eurostat said in a press release that the unemployment in the European Union also rose from 7.4% to 8.1% in the first month of 2021, year on year. The Eurozone\/the euro area or EA19 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":189111,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[968,187],"class_list":["post-189106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-eu","tag-unemployment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Unemployment in the European Union rises on an annual basis - Bnreport<\/title>\n<meta name=\"description\" content=\"Bnreport - Unemployment in the European Union rose to 7.3% in January, up from 6.6% year-on-year, The European Union statistics office said.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/unemployment-in-the-european-union\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unemployment in the European Union rises on an annual basis - 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